Kazakhstan GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$291.48

Source: world bank Nominal/PPP
Summary:

Kazakhstan GDP Per Capita expanded from 1990 to 2024, increasing from $26.93 to $291.48 .The compound annual growth rate (CAGR) averaged 7.26% over the period. The economy recorded its peak level in 2024 and its lowest level in 1999. Growth volatility remained high. The maximum drawdown reached 41.99%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.

Latest GDP Per Capita of Kazakhstan 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 291.48 dollars$ 842.05 Int dollars
Growth (YoY)11.32%7.539%
Net Change vs Previous Year$ 29.64 dollars$ 59.03 Int dollars
% of World GDP Per Capita0.26%0.42%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Kazakhstan GDP | Kazakhstan GDP Growth

Kazakhstan Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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1989------
199026.93--135.07--
199124.92-2.01-7.459 %124.28-10.79-7.99 %
199224.92-0.01-0.023 %120.38-3.91-3.142 %
199323.41-1.51-6.052 %111.89-8.48-7.048 %
199421.25-2.16-9.221 %99.88-12.01-10.734 %
199520.37-0.88-4.125 %93.61-6.27-6.275 %
199621.040.663.245 %95.812.192.34 %
199722.171.135.375 %99.113.313.454 %
199822.14-0.03-0.138 %98.32-0.79-0.797 %
199916.87-5.26-23.783 %102.414.084.153 %
200018.291.428.424 %114.9912.5812.287 %
200122.153.8621.106 %133.4518.4616.056 %
200224.642.4811.213 %148.8115.3611.506 %
200330.836.225.154 %165.8617.0511.458 %
200443.1512.3239.95 %186.6720.8112.547 %
200557.1213.9732.379 %211.224.5313.14 %
20068123.8841.804 %241.0129.8114.114 %
2007104.8523.8529.438 %269.5728.5611.85 %
2008133.4428.5927.269 %283.8314.265.29 %
2009115.31-18.13-13.589 %2895.181.824 %
2010148.0532.7428.392 %313.8724.878.604 %
2011192.6344.5830.111 %344.0530.189.615 %
201220815.377.981 %369.7825.737.48 %
2013236.6428.6413.767 %417.0447.2612.78 %
2014221.42-15.22-6.431 %426.859.812.351 %
2015184.39-37.03-16.723 %406.61-20.23-4.74 %
2016137.28-47.11-25.549 %422.7916.183.978 %
2017166.8129.5321.51 %447.1424.365.761 %
2018179.3412.537.514 %475.1427.996.261 %
2019181.672.331.298 %551.1175.9715.989 %
2020171.08-10.59-5.827 %565.7614.652.658 %
2021197.1126.0315.215 %650.4784.7114.973 %
2022225.528.3814.4 %719.1468.6710.558 %
2023261.8436.3416.117 %783.0263.878.882 %
2024291.4829.6411.32 %842.0559.037.539 %

Kazakhstan Economic Phases (1990 - 2024)

From 1990 to 2024, Kazakhstan economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1991–1995) indicating temporary slowdown
  • High Growth (2000–2008) indicating robust economic expansion
  • High Growth (2010–2013) indicating robust economic expansion
  • Crisis (2015–2016) indicating severe economic downturn
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 2006 with an increase of 41.804%, while the largest decline was in 2016 at -25.549%.